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Bank of America adds homeownership, small-business programs for women and minorities

Bank of America headquarters

CHARLOTTE — Bank of America Corp. announced on Tuesday the launch of two programs to assist in small-business growth and homeownership for women and minorities.

The Small Business Down Payment Grant Program pushes business growth and aids in establishing generational wealth opportunities for minority and women business owners, according to a BofA news release. The second program, the Community Affordable Loan Solution, aims to help individuals and families in Black and Hispanic/Latino communities become homeowners.

Both programs are available in select U.S. markets.

Read more here about each.

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